Header cover image

Australian (ASX) Gold Industry Analysis

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies151
  • 7D-4.4%
  • 3M17.4%
  • 1Y96.0%
  • YTDn/a

The Gold is pretty flat in the last 7 days, but Alkane Resources has stood out, gaining 5.4%. The past year has been better, since the industry has gained 101% in that time. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

Has the Australian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Feb 2026AU$176.3bAU$27.7bAU$5.2b25.4x33.6x6.4x
Sat, 17 Jan 2026AU$174.0bAU$26.4bAU$4.6b28.6x38x6.6x
Mon, 15 Dec 2025AU$159.3bAU$26.4bAU$4.6b28x34.8x6x
Wed, 12 Nov 2025AU$147.4bAU$26.4bAU$4.6b24.5x32.2x5.6x
Fri, 10 Oct 2025AU$148.6bAU$26.4bAU$4.6b23.4x32.4x5.6x
Sun, 07 Sep 2025AU$121.5bAU$26.8bAU$4.9b18.8x25x4.5x
Tue, 05 Aug 2025AU$95.0bAU$22.4bAU$3.2b16.5x29.8x4.2x
Thu, 03 Jul 2025AU$102.3bAU$22.3bAU$3.1b16.7x32.7x4.6x
Sat, 31 May 2025AU$108.1bAU$22.4bAU$3.1b20.3x34.9x4.8x
Mon, 28 Apr 2025AU$93.6bAU$22.2bAU$3.0b19.4x31x4.2x
Wed, 26 Mar 2025AU$83.1bAU$22.1bAU$3.0b17.2x27.4x3.8x
Fri, 21 Feb 2025AU$78.6bAU$20.5bAU$2.6b20.3x30.5x3.8x
Sun, 19 Jan 2025AU$77.4bAU$18.7bAU$1.8b20.8x42.3x4.1x
Tue, 17 Dec 2024AU$72.6bAU$18.6bAU$1.8b21.1x40.1x3.9x
Thu, 14 Nov 2024AU$69.5bAU$18.5bAU$1.8b18.5x38.5x3.8x
Sat, 12 Oct 2024AU$69.2bAU$18.4bAU$1.8b21.5x38.7x3.8x
Mon, 09 Sep 2024AU$62.7bAU$18.3bAU$1.7b20.8x37.7x3.4x
Wed, 07 Aug 2024AU$59.4bAU$16.1bAU$1.1b22.1x53.5x3.7x
Fri, 05 Jul 2024AU$56.6bAU$16.0bAU$1.1b21.3x52.7x3.5x
Sun, 02 Jun 2024AU$59.9bAU$17.1bAU$1.2b21.1x50.5x3.5x
Tue, 30 Apr 2024AU$59.6bAU$17.2bAU$1.2b21.9x50x3.5x
Thu, 28 Mar 2024AU$54.1bAU$16.9bAU$1.2b17.8x44.1x3.2x
Sat, 24 Feb 2024AU$47.5bAU$16.2bAU$915.3m19.7x51.9x2.9x
Mon, 22 Jan 2024AU$71.2bAU$22.9bAU$1.3b22.6x52.9x3.1x
Wed, 20 Dec 2023AU$75.6bAU$22.9bAU$1.3b25.2x56.2x3.3x
Fri, 17 Nov 2023AU$71.1bAU$22.9bAU$1.4b21.9x52.6x3.1x
Sun, 15 Oct 2023AU$69.4bAU$23.1bAU$1.4b21.7x50.3x3x
Tue, 12 Sep 2023AU$68.5bAU$22.9bAU$1.4b19x49x3x
Thu, 10 Aug 2023AU$68.5bAU$22.5bAU$572.7m17.4x119.6x3x
Sat, 08 Jul 2023AU$68.7bAU$22.3bAU$554.3m16.2x123.9x3.1x
Mon, 05 Jun 2023AU$73.2bAU$22.4bAU$589.6m18x124.1x3.3x
Wed, 03 May 2023AU$74.7bAU$22.4bAU$582.9m19.1x128.2x3.3x
Fri, 31 Mar 2023AU$68.9bAU$22.3bAU$572.1m15.6x120.5x3.1x
Sun, 26 Feb 2023AU$60.1bAU$22.3bAU$572.7m16.8x105x2.7x
Price to Earnings Ratio

105x


Total Market Cap: AU$60.1bTotal Earnings: AU$572.7mTotal Revenue: AU$22.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Gold Industry Price to Earnings3Y Average 61.8x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 34.3x which is lower than its 3-year average PE of 61.8x.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 6.5x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 109% per year over the last three years.
  • Revenues for these companies have grown 7.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Australian Gold compare with similar industries?

AU Market-0.51%
Materials-1.47%
Metals and Mining-1.45%
Gold-4.43%
Aluminum3.85%
Diversified Metals and Mining1.33%
Copper-3.44%
Steel-6.59%
Silver-10.82%
Precious Metals and Minerals-11.37%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ALK Alkane ResourcesAU$1.675.4%
+AU$116.1m
169.4%PE26.9x
AQI Alicanto MineralsAU$1.84-12.4%
AU$74.0m
303.5%PS9654.6x
KCN Kingsgate ConsolidatedAU$5.854.5%
+AU$66.8m
319.4%PE53.1x
TM1 Terra MetalsAU$0.4216.7%
+AU$47.5m
1,212.5%PB44.3x
PDI Predictive DiscoveryAU$0.911.7%
+AU$39.5m
167.6%PB10.5x

Latest News